Common use of Base Salary, Bonus and Benefits Clause in Contracts

Base Salary, Bonus and Benefits. (a) During the Employment Period, the Executive's base salary shall be $110,000.00 per annum or such other rate as the Compensation Committee of the Board (excluding the Executive if he should be a member of the Board or the Compensation Committee at the time of such determination) may designate from time to time (the "Base Salary"), which salary shall be reviewed by the Compensation Committee on an annual basis and payable in such installments as is customary for other senior executives of the Company. In addition, during the Employment Period, the Executive shall be entitled to (i) participate in all employee benefit programs and published bonus programs for which other senior executives of the Company are generally eligible, (ii) be eligible to participate in all insurance plans available generally to other senior executives of the Company, (iii) to participate in the Company's Non-Qualified Employee Stock Option Plan as amended, revised or terminated from time to time by the Board of Directors, and (iv) take 4 weeks of paid vacation annually. In the case of any partial month during the Employment Period, reimbursements, payments and other entitlements pursuant to this Section 3 shall be made or provided to the Executive on a per diem basis.

Base Salary, Bonus and Benefits. (a) During the Employment Period, the Executive's base salary shall be $110,000.00 90,000.00 per annum or such other rate as the Compensation Committee of the Board (excluding the Executive if he should be a member of the Board or the Compensation Committee at the time of such determination) may designate from time to time (the "Base Salary"), which salary shall be reviewed by the Compensation Committee on an annual basis and payable in such installments as is customary for other senior executives of the Company. In addition, during the Employment Period, the Executive shall be entitled to (i) participate in all employee benefit programs and published bonus programs for which other senior executives of the Company are generally eligible, (ii) be eligible to participate in all insurance plans available generally to other senior executives of the Company, (iii) to participate in the Company's Non-Qualified Employee Stock Option Plan as amended, revised or terminated from time to time by the Board of Directors, and (iv) take 4 weeks of paid vacation annually. In the case of any partial month during the Employment Period, reimbursements, payments and other entitlements pursuant to this Section 3 shall be made or provided to the Executive on a per diem basis.

Base Salary, Bonus and Benefits. (a) During the Employment Period, the Executive's base salary shall be $110,000.00 125,000.00 per annum or such other rate as the Compensation Committee of the Board (excluding the Executive if he should be a member of the Board or the Compensation Committee at the time of such determination) may designate from time to time (the "Base Salary"), which salary shall be reviewed by the Compensation Committee on an annual basis and payable in such installments as is customary for other senior executives of the Company. In addition, during the Employment Period, the Executive shall be entitled to (i) participate in all employee benefit programs and published bonus programs for which other senior executives of the Company are generally eligible, (ii) be eligible to participate in all insurance plans available generally to other senior executives of the Company, (iii) to participate in the Company's Non-Qualified Employee Stock Option Plan as amended, revised or terminated from time to time by the Board of Directors, and (iv) take 4 weeks of paid vacation annually. In the case of any partial month during the Employment Period, reimbursements, payments and other entitlements pursuant to this Section 3 shall be made or provided to the Executive on a per diem basis.